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Lionheart Project

Sector: Energy Storage • Location: Germany

Source: The Motley Fool Australia

Project
Under Construction

The Lionheart Project is an integrated lithium and renewable energy project located in the Upper Rhine Valley Brine Field between Germany and France. It targets production capacity of 24,000 tonnes of lithium hydroxide monohydrate per year, enough for around 500,000 electric vehicle batteries. The project also aims to deliver 275 GWh of renewable power and 560 GWh of heat annually for local consum

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The project “Lionheart Project” is an infrastructure initiative in the Energy Storage sector, located in Germany. Taiyo aggregates data on it from The Motley Fool Australia.

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under construction

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Description

Description

The Lionheart Project is an integrated lithium and renewable energy project located in the Upper Rhine Valley Brine Field between Germany and France. It targets production capacity of 24,000 tonnes of lithium hydroxide monohydrate per year, enough for around 500,000 electric vehicle batteries. The project also aims to deliver 275 GWh of renewable power and 560 GWh of heat annually for local consumers over an estimated 30-year project life. The project has achieved financial close as part of a EUR2.2 billion equity and debt financing package to fund its construction.

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